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Schwarzman no no he said blackstone k k r 10. 00 it travis exactly right so this plays into the steam of neo feudalism everything being taken private so what is i mean that means for example walgreens boats already merger as you discussed theres fewer and fewer competing Companies Competing with each other theyre all being consolidated into an oligarch played them in a monopoly and then they are taken private 70000000000. 00 deal largest private equity deal over those deals are going to need to become bigger and bigger will say 150000000000 dollars 300000000000 dollars im sure Warren Buffett also Berkshire Hathaway in a 600000000000. 00 deal with some saudi prince at some point but its all being taken private and thats just another stepping stone along the way of that trend weve been talking about here for a few ....
I am i skies are this is the kaiser report on markets to make a new all time highs interesting the money that is being forced into the. Markets like grain into the liver of a duck off farm it has to come from somewhere a lot less lets dig into this a little bit more stacey yes as we always say the fed is feeding the ducks on their for farm over and over again but of course were in new york and one of the good things about being in new york as we always tell the audience we get to watch the cable news we get to watch our socalled competitors and there is no worry here you know ive ive actually rather have our competitors be better because it encourages us to be better but nevertheless also when were in hotels we get to see the Financial Times and you see all that the cable news except for kaiser report is covering and its really important head of the Financial Times private ....
R 10. 00 it travis exactly right so this plays into the steam of neo feudalism everything being taken private so it is i mean that means for example walgreens but its already a merger as you discussed theres fewer and fewer competing Companies Competing with each other theyre all being consolidated into an oligarch play them in a monopoly and then they are taken private 70000000000. 00 deal largest private equity deal over those deals are going to need to become bigger and bigger will say 150000000000 dollars 300000000000 dollars im sure Warren Buffett also Berkshire Hathaway in a 600000000000. 00 deal with some saudi prince at some point but its all being taken private and thats just another stepping stone along the way of that trend weve been talking about here for a few years and if theyre spending 7000000000 ....